Editor at Coverager
The new tool was built on technologies from Microsoft and OpenAI.
Tenney 110 was founded in 2019 with the goal of acquiring and building insurance-adjacent companies.
Tesla now writes insurance using its carriers in 8 states.
The reciprocals reported $53 million in losses for the first nine months of 2023.
Vogt plans to spend time with family and explore some new ideas.
The company reported a net underwriting loss of $70.6 million for the first nine months.
The company saw a 20% increase compared to the same period last year.
Coverage will initially be offered to customers of ABAX in Sweden.
The insurer ended the month with a net income of $406 million.
Hyundai will be the first to offer its cars on the platform.
State Farm reported an underwriting loss of $13.23 billion in 2022.
The leadership change follows the decision of Oke Eleazu to leave the startup after nearly 8 years.
The company has over 700,000 clients.
Tenet offers EV-specific auto loans.
TruStage Ventures leads strategic transaction.